Repsol Group Makes Promising Oil Discovery in Central Syria
The group comprising Spain's Repsol (60%), Cepsa (25%) and Portugal's Petrogal (15%) has made a promising oildiscovery in its 3,132-sq. km. tract located northeast of Marathon's Palmyraconcession in central Syria on acreage previously held by the state-owned SyrianPetroleum Company. In an interview with Reuters on 2 April, Mr. Juan LopezVilchez, Manager of Repsol Exploracion Syrie, said that initial...